Small businesses: ¿Blitz¿ on regulations? We¿ve heard it all before

| September 16, 2012 | 0 Comments

By
Vicki Owen

08:50 EST, 16 September 2012


|

08:50 EST, 16 September 2012

Small firms are sceptical about the Government’s ‘blitz on red tape’, with some business owners accusing the Coalition of repeatedly announcing the same policy.

Last week the Department for Business announced that 3,000 regulations would be scrapped or ‘overhauled’ and thousands of businesses, including shops, offices, pubs and clubs, were to be exempted from health and safety inspections.

It follows last year’s launch of the Red Tape Challenge website, inviting businesses to comment on regulations getting in their way.

Speed trap: Rules have slowed Adnan Ebrahim's growth plan

Speed trap: Rules have slowed Adnan Ebrahim’s growth plan

The department says cuts to regulation have saved firms £850 million in a year.

But small business owners such as Adnan Ebrahim, founder of carthrottle.com, a £50,000 turnover website with three full-time and 11 part-time staff who review fast cars, say the pledge sounds ‘wishy-washy’ and doubt that it will happen.

Adnan, 22, who launched Car Throttle in Farringdon, central London, with the proceeds from the sale of another website, says: ‘I want our staff to be stakeholders but setting up the Enterprise Management Incentives scheme has been very admin-intensive.

‘And some documents on the Companies House website are bizarrely subject to “opening times”.’

Filed Under: finance news

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